● RADIOAdvertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to Business
Business

16 September 2026

US interest rates raised for first time in three years

Downunder Voices Newsroom

Source reporting: BBC World

US interest rates raised for first time in three years

The Federal Reserve unanimously voted to increase interest rates to 3. 75%-4% from 3. 5%-3. 75% on Wednesday.

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

More from Business

View category

16 September 2026

IMF downgrades Australian economic forecast amid fears of interest rate hike

Global financial institution predicts Australia’s GDP will grow to just 1. 6% in 2027 as Treasury faces rising energy costs and inflation The IMF also called on federal and state governments to tighten their belts, with a new report saying more disciplined budgets will rein in rising debt burdens and help solve Australia’s long-running inflation problem.

Source: Guardian Australia PoliticsOriginal source

Read Next

View latest